Malicious actors targeting the crypto space have taken more than $45 million in digital assets from their victims in the month of August alone and a total of $997 million year-to-date (YTD), according to a report shared by the blockchain security firm CertiK. Within the report, CertiK highlighted that exit scams took around $26 million, flash loan attacks took around…
The crypto community, digital asset organizations and lawmakers have voiced their backing for the Coinbase vs. United States Securities Exchange Commission lawsuit’s dismissal. In a recent update, a fresh attorney, Patrick V. Kennedy, has entered the fray, seeking court approval to represent the Chamber of Digital Commerce as amicus counsel. In a legal document filed on August 31, attorney Patrick…
The crypto community joins in to support the Maui community as a relief fund championed by A-list celebrities Oprah Winfrey and Dwayne ‘The Rock’ Johnson accepts donations in cryptocurrencies. In early August 2023, a series of wildfires broke out on the island of Maui, Hawaii, causing massive property and personal losses as more than 2,500 acres were burned down. The…
In an unexpected turn of events, Bitwise has submitted a request to retract its application for the Bitcoin and Ethereum Market Cap Strategy Ethereum Futures Contracts (ETF), initially filed with the Securities and Exchange Commission (SEC) on Aug. 3. While market sentiment turned bullish following Grayscale’s SEC victory, Bitwise appears to be discreetly reassessing its strategy. The withdrawal for the…
Bitcoin investors may be in for a rollercoaster ride. While history shows September is typically a bumpy month for Bitcoin — two ETF analysts have suggested investors turn their gaze to mid-October as the next “major days to watch.” According to historical data, Bitcoin’s monthly returns have closed in the red at the end of September nine times over the…
